Earnings Management: The Effect of Ex Ante Earnings Expectations

By J. Payne, Sean W. G. Robb. 2000

293 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/d4702ab0ba1eaa81700c3881f4391c2331f15fbc

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Citations in the corpus

Corporate environmental disclosure and earnings management—The moderating role of corporate governance structures (2021, unknown): “…such as avoidance of possible regulatory interference (Adiel, 1996; Collins, Shackelford, & Wahlen, 1995), meeting analysts' forecasts (Kasznik, 1999; Payne & Robb, 2000), equity offerings (Teoh, Welch, & Wong, 1998), and achieving specific contract-related objectives (Abarbanell & Lehavy, 2003).”
Earnings management or forecast guidance to meet analyst expectations? (2009, unknown): “Skinner and Sloan (2002) find that the discontinuity in the distribution of earnings surprises around zero is stronger for higher growth firms.”
The Effect of Cash Flow Forecasts on Accrual Quality and Benchmark Beating (2011, background): “While some studies find little evidence of a link (Dechow et al., 2003; Phillips et al., 2003), other studies find some evidence that accrual manipulation contributes to the observed discontinuity of earnings surprises around zero (Payne and Robb, 2000; Ayers et al., 2006).”
Impact of firm performance expectations on CEO turnover and replacement decisions (2003, unknown): “Previous research on CEO turnover decisions provides evidence suggesting that relative performance evaluation is utilized in 6 Other studies analyze earnings management as a means to meet analyst earnings forecasts (e.g., Kasznik, 1999, and Payne and Robb, 2000).”
The Antecedents and Consequences of Top Management Fraud (2005, background): “Perhaps not surprisingly, Payne and Robb (2000), Brown (2001), and Matsumoto (2002) all found that senior executives make efforts to avoid negative earnings surprises; CEOs have much to lose if their firms fail to meet expectations.”
Audit Quality and the Trade-Off between Accretive Stock Repurchases and Accrual-Based Earnings Management (2012, background): “…forecasts for each firm-quarter, as a control for the predictability of a firm’s EPS and the definitiveness of the firm’s EPS target in a quarter (Payne and Robb 2000). b1(HAQi,t¼1) captures the relation between high audit quality and the likelihood that accretive stock repurchases are used…”